DBS to Boost Private Banking in London
DBS recently obtained a UK securities licence and is now looking at adding staff in London as part of its plans focused on the greater China market. DBS aims to add three more relationship managers in London and plans to double the headcount again next year.
“recently obtained a UK securities licence and is now looking at adding staff in London.”
The London base which was created with three relationship managers provided a global service for Asian private wealth clients.
News Source: Financial Times
About DBS Bank
DBS Bank Ltd (SGX:D05) is a Singaporean multinational banking and financial services company. The company was known as The Development Bank of Singapore Limited, before the present name was adopted in July 2003 to reflect its changing role as a regional bank. Founded in 1968, DBS acquired POSB (Post Office Savings Bank) in 1998. With over
280 branches across 18 markets in Asia, DBS serves over four million customers in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia.
- Origin : Singapore
- Assets : SGD 458 billion
- Revenue : SGD 10.8 billion
- Employees : 22,000
Official Website: www.dbs.com
News & Media: Press Release
Updated on 8th August 2016